Robosigning Scandal To Surface With Commercial Real Estate Mortgage Securitizations?
Written by Administrator on February 22nd, 2012CBS News reports:The nation’s banks are looking at a robo-signing problem with commercial real estate which may dwarf the one for home mortgages, according to a new study.Research by Harbinger Analytics Group shows the widespread use of inaccurate, fraudulent documents for land title underwriting of commercial real estate financing.According to the report:This fraud is accomplished through
The Home Equity Theft Reporter
Tags: Commercial, Estate, Mortgage, Real, RoboSigning, Scandal, Securitizations, Surface